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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in January 2018

Realestate3

The median sale price of a home sold in January 2018 in North Bay Village fell by $33,500 while total sales increased by 27.8%, according to BlockShopper.com.

In January 2018, there were 23 homes sold, with a median sale price of $184,000 - a 15.4% decrease over the $217,500 median sale price for the same period of the previous year. There were 18 homes sold in North Bay Village in January 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.7% of the median home sale price for January 2018.

The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
West Perrine1318-27.8%$198,000$161,05022.9%
Hialeah16915211.2%$195,300$150,00030.2%
North Miami6687-24.1%$194,500$149,00030.5%
Richmond Heights191711.8%$185,000$183,3000.9%
Homestead (unincorporated) 78728.3%$185,000$207,000-10.6%
North Bay Village231827.8%$184,000$217,500-15.4%
Hialeah (unincorporated) 504219%$174,000$134,25029.6%
Homestead11710313.6%$173,200$155,00011.7%
Hialeah Gardens1213-7.7%$172,250$220,000-21.7%
Florida City (unincorporated) 24-50%$148,500$206,500-28.1%
Florida City8633.3%$145,500$115,00026.5%

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